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Price Change$650,000

1702 - 225 Commerce Street

Vaughan Corporate Centre, Vaughan

$619,800

Condo Apartment |
2 | 2 | 1 | 0
About this home

Welcome to Festival Tower in the heart of Vaughan Metropolitan Centre, where modern design, hotel-inspired style, and exceptional convenience come together. This bright and beautifully finished 2-bedroom, 2-bathroom comer suite offers 698 sq. ft. of functional living space, soaring 9-foot ceilings, expansive windows, and an abundance of natural light throughout. Thoughtfully designed with quality laminate flooring throughout the main living areas and bedrooms, this suite features a neutral, modern colour palette that creates a timeless backdrop for any furniture style or personal design vision. The open-concept kitchen is finished with custom-designed cabinetry, an engineered quartz countertop, porcelain slab backsplash, stainless steel under-mounted sink, and sleek European appliances, including integrated fridge/ freezer, cooktop, built-in oven, dishwasher, microwave, washer, and dryer. The unit also includes two separate balconies with two walkouts, offering excellent outdoor space and unobstructed south-facing views. Both bathrooms are finished with stylish, contemporary details, including porcelain or ceramic tile flooring, designer-selected fixtures, and modern vanities. Residents enjoy access to approximately 70,000 sq. ft. of premium building amenities, including an indoor pool, rooftop terrace, theatre room, kids playroom, music studio, putting green, stylish lounge areas, workspaces with charging stations, Wi-Fi in the lobby and amenity areas, guest suites, party room, and 24-hour concierge. Perfectly located just steps from the VMC Subway Station and VIVA Rapid way, with quick access to TTC, Union Station, York University, Highways 400 and 407, Vaughan Mills, Canada's Wonderland, restaurants, groceries, shopping, and entertainment. A fantastic opportunity to own in one of Vaughan's most connected and exciting communities.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$521
LockerNone
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,803
mls© NumberN13463734
Listed ByREMAX YOUR COMMUNITY REALTY
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,172
Property tax
$317
Heat allowance
$150
Condo fees, half counted
$261
Housing costs
$3,900 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $123,960
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,608 / mo
Cash down
$123,960

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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